Respuesta :

Increase = 11.34 - 10.50 = $0.84

Percentage increase = 0.84/10.5 x 100 = 8%

Grady's payements or wages for hourly is increased by 8 percent.

What is percent?

A Percentage or percent, a relative value indicating hundredth parts of any quantity.

How to caluclate increase in percent?

To calcualte the increase in percentage first we subtract the original value from the new value, then divide the result by the original value. Multiply the result by 100.

According to the given question.

The intial payment for one hour was $10.50

And, after one hour the payment is $11.34

⇒ The increment in the payment  = $11.34 - $10.50 = $0.84

Therefore,

the percent increase in Grady's hourly wage  

[tex]= \frac{increment \ in \ the \ payement}{origibal \ paynent\ } \times 100[/tex]

[tex]= \frac{0.84}{10.50} \times 100[/tex]

[tex]= 0.08 \times 100[/tex]

[tex]= 8\%[/tex]

Hence, Grady's payements or wages for hourly is increased by 8 percent.

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